Steve Ming Lo, Chief Accounting Officer of TheRealReal, Inc., filed a Form 4 on August 24, 2026, disclosing the automatic sale of common stock on August 21, 2026, to satisfy tax withholding obligations tied to a vesting equity award.

Key Highlights

  • Reporting person: Steve Ming Lo, Chief Accounting Officer of TheRealReal, Inc. (NASDAQ:REAL)
  • Transaction date: August 21, 2026, with three separate sale transactions recorded
  • Shares sold: 2,167 shares at $10.97, then 8,985 shares at $10.97, then 1,407 shares at $10.98 - totaling 12,559 shares disposed of
  • Purpose: Shares were "automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award," per the filing
  • Remaining beneficial ownership: 176,910 shares of common stock held directly following all reported transactions
  • Filed by: Todd Suko, Attorney in Fact for Steve Lo, on August 24, 2026

TheRealReal CAO Share Disposition Details for August 2026

According to the Form 4 filed with the SEC on August 24, 2026, Steve Ming Lo, Chief Accounting Officer of TheRealReal, Inc. (NASDAQ:REAL), disposed of common stock through three transactions on August 21, 2026. The filing identifies the transaction code as "S" for each sale. The first transaction involved 2,167 shares at a price of $10.97, reducing beneficial ownership from an implied starting position to 187,302 shares. The second transaction covered 8,985 shares, also at $10.97, leaving 178,317 shares. The third transaction involved 1,407 shares at $10.98, bringing the final directly held position to 176,910 shares.

The filing's footnote explains that all three sales "represent shares of common stock automatically sold by The RealReal, Inc. to satisfy withholding taxes payable in connection with the vesting of an equity award." This characterization indicates the disposals were company-initiated tax withholding transactions rather than discretionary open-market sales by the reporting person. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was signed and filed by Todd Suko, acting as Attorney in Fact for Steve Lo, on August 24, 2026. All shares disclosed are held directly by the reporting person, with no indirect beneficial ownership reported.

What Was Disclosed

TheRealReal's Chief Accounting Officer Steve Ming Lo reported the automatic sale of 12,559 total shares of common stock on August 21, 2026, across three transactions at prices of $10.97 and $10.98, solely to cover tax withholding on a vested equity award, leaving a remaining direct holding of 176,910 shares.